For Beginners
New to funded trading? The basics, the terminology, and how it all works.
10 articles
- How simulated funding works, in plain English
- What is drawdown? The single most important beginner concept
- Daily drawdown vs maximum drawdown: what is the difference?
- Balance vs equity: why the difference matters
- What is a lot? Position sizing for beginners
- What is a stop loss and a take profit?
- Trading terms every beginner should know
- How to pass the evaluation: common mistakes and the habits that get you through
- How to build a simple trading plan before you risk a fee
- How to size a position so one trade can't blow your account
